Compliance (Defaults Setup)

Overview – Vendor Compliance

The Vendor Compliance functionality, which is implemented using Vendor Compliance Codes (compliance codes for short), is used to ensure compliance with payment terms before a payment can be made against a Subcontract or a Purchase Order via a Voucher in the Accounts Payable module.

These compliance codes are inherited by Vouchers for payments against Subcontracts and Purchase Orders from the defaults set up for the vendors at various levels.